Public Regulation Commission News

New Mexico AG Says Uber, Lyft Drivers Need Drug Testing

Drivers of ridesharing services Lyft and Uber in New Mexico should face strict drug testing requirements like taxi drivers and keep detailed records of such tests, the state Attorney General Hector Balderas told regulators Monday. In a letter to the …

New Mexico Current Insurance Regulator To Remain In Office

State Insurance Superintendent John Franchini was selected to remain as New Mexico’s top insurance regulator when his office becomes an independent governmental agency next month. A nine-member committee named Franchini to serve as insurance superintendent for a term that starts …

5 Considered For New Mexico Insurance Regulator Post

Five government, insurance and health care officials are in the running to manage New Mexico’s newly independent insurance regulatory agency. Among the candidates are state Insurance Superintendent John Franchini and Milton Sanchez, who directs the Office of Health Care Reform …

Panel Solicits Applicants For New Mexico Insurance Regulator

Former State Insurance Superintendent Chris Krahling has been named to a panel that will select New Mexico’s top insurance regulator. A nine-member committee will select the next superintendent of insurance, who starting in July will be in charge of an …

Laws Revamp New Mexico Regulatory Agency, Insurance Office

Gov. Susana Martinez has approved measures revamping the Public Regulation Commission, including increasing qualifications for future members. Bills signed into law on Friday will transfer the registration of corporations to the secretary of state’s office from the PRC and establish …

Proceedings Sought For New Mexico Gas Explosion

New Mexico pipeline safety regulators say New Mexico Gas Co. violated state laws and federal regulations during work that occurred before a 2012 explosion in a Santa Fe subdivision. The Public Regulation Commission’s staff is asking the commission to hold …

New Mexico Says New Signups For High-Risk Program Halted

New Mexico officials say new enrollments in a program that’s part of the 2010 federal care overhaul are being suspended because there’s only enough money to pay for those already enrolled. The Public Regulation Commission’s insurance division says the suspension …

New Mexico House Approves Insurance Regulator Overhaul

The House has approved a proposal for establishing an independent state office regulating the insurance industry in New Mexico. The measure will implement a constitutional amendment approved by voters in November to remove insurance regulation from the Public Regulation Commission. …

Lawyer: New Mexico Insurance Boss Suspended

An attorney for the New Mexico’s chief insurance regulator says his client has been given a 10-day unpaid suspension for missing a meeting with his soon-to-be ex-boss and for letting his employees leave work an hour early on Christmas. Attorney …